Tower Hill housing tipped to 'sell quickly'

The Swan Hill Council says it has started the latest stage of its residential housing development at Tower Hill.

The seventh stage of Tower Hill will be a 29-lot subdivision, as well as the construction of a playground for children with and without disabilities.

It is due to be finished around the middle of the year and the council's David Lenton says he is expecting strong interest, despite recent downturns in the real estate market.

"Previously stages have been a bit bigger than 29 lots, we have usually gone for slightly bigger lots but obviously things are, across most of Australia now, a little quieter in the housing market," he said.

"So this time we have gone for 29 lots and we think that 29 lots at this stage will sell quite quickly - we expect continued strength from our builders."